Weinstein Sues Company He Founded

Producer wants access to his The Weinstein Co. email account
By Michael Harthorne,  Newser Staff
Posted Oct 26, 2017 3:16 PM CDT
Weinstein Sues Company He Founded
In this Jan. 8, 2017 file photo, Harvey Weinstein arrives at The Weinstein Company and Netflix Golden Globes afterparty in Beverly Hills, Calif.   (Photo by Chris Pizzello/Invision/AP, File)

In the wake of numerous allegations of sexual harassment and assault, Harvey Weinstein is suing the company he founded and that recently ousted him as chairman, Reuters reports. The producer filed a lawsuit against The Weinstein Co. on Thursday in Delaware. According to TMZ, Weinstein is seeking access to his email account and employment file. The lawsuit states he believes his email account contains "information exonerating him, and therefore the company." The lawsuit states Weinstein wants to protect himself and The Weinstein Co. from "unjustified settlements." It argues that any settlements paid by The Weinstein Co. will be basically paid by him as one of its largest shareholders.

In addition to access to records, the lawsuit states Weinstein wants to find out if confidential information was given to the media, if The Weinstein Co. board is planning a "fire sale" of the company, and if he was wrongly terminated by the board and other executives. Meanwhile, the New York Times reports The Weinstein Co. is in desperate need of money after a deal reached last week with Colony Capital fell apart. Two sources tell the Times that Colony will not be providing money to The Weinstein Co. after all. The sources say after looking more closely at the company, Colony found it was worth less and more of a mess than previously believed. The sources say bankruptcy is the most likely outcome for The Weinstein Co. (Read more Harvey Weinstein stories.)

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